What is the t- bill coupon equivalent yield

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Reference no: EM131962677

A recent listing for a treasury bill in the wall street journal gave an asked discount yield of 1.47%. Its maturity was 45 days.

a. What is the T- bill's coupon (bond) equivalent yield?

b. What price would you pay for this T- bill?

c. What is the effective annual yield for the t-bill

d. If the bid discount yield was 1.55 %, what was the dealer's spread on the bill?

Reference no: EM131962677

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